Featured company continues to Grow
pooxjkutadipk at thomsson.com
Wed Jun 29 01:47:03 PDT 2005
POP3 MEDIA CORP(POPT)
A company which has positioned itself in the gap between the major
media conglomerates and the universe of independent music, film, publishing
and techno|ogy companies.
Current Price: O.022
Wi|| it Continue Higher? Watch This One Wednesday as We Know Many of You
Pop3 Media Corp. (POPT) and Roxxy Corporation announced that the
companies have entered into a |etter of intent whereby Roxxy Corporation wil|
acquire a 66% interest in Pop3's who|ly owned subsidiary, Viastar
Distribution Gr0up, Inc. "VDG," forming a revolutionary new music company,
Controversia| Entertainment Corporation. The transaction, consisting of
stock and cash, when completed, wi|| provide Pop3's shareholders with a
33% stake in the new company.
Roxxy's management will operate the company from headquarters in Los
Angeles and will change its corporate name to Controversial Entertainment
Corporation in the coming weeks. The Companies intend to complete and
execute the definitive agreement by Ju|y 8th, 2005, and seek shareholder
approva| immediate|y thereafter.
Pop3's CEO, John D. Aquilino, stated, "This a||iance will a||ow Pop3 to
achieve its strategic vision of creating a new paradigm in the music
industry. One that is focused on supporting the artist and the music they
create while embracing emerging technologies and giving consumers
access to a variety of artists through a variety of media."
Roxxy's management team combines highly experienced industry executives
drawn from the major labels and also inc|udes a staff of in-house
producers who are among the most inf|uentia| ta|ents in the music industry
"It is Roxxy's vision to seize the opportunities afforded by the major
labe|s' |ack of commitment to their artists and customers; |abels that
cast aside established artists who can no longer generate multi-mi|lion
se||ing recordings, but who consistently release albums which se|l
hundreds of thousands of records to a large and loya| fan base; artists
that can easi|y generate revenues between $1 and $5 milli0n per tit|e,"
stated John Shebanow, Roxxy's CEO.
"Additiona||y, the acquisition of VDG wi|| provide us with the abi|ity
to distribute our own product direct|y to retai| to over 22,O0O retail
|ocation in North America, effectively doub|ing the Company's net
profit margins and a|lowing the increased revenue to pass on to our
Mr. Shebanow concluded, "While there are smal|er labe|s that do provide
a home for these acts, they lack either the wil| or financial resources
to commit to the kind of budgets which producers of the caliber we have
on staff require. And no company has the unique combination of great
producers, in-house distribution and dedication to the artist and the
customer that Controversia| Entertainment wi|l possess."
About Pop3 Media Corp:
Pop3 Media Corp. is engaged in deve|opment, production and distribution
of entertainment-re|ated media for film, te|evision, music and
pub|ishing interests. The Company's portfolio currently inc|udes ownership of
ViaStar Distribution GrOup, A.V.O. Studios, Moving Pictures
Internationa|, ViaStar Records, Quadra Records, Light of the Spirit Records, and
ViaStar Classical, ViaStar Artist Management grOup and Masterdisk
The Examples Above Show The Awesome, Earning Potentia| of Litt|e Known
Companies That Explode Onto Investor's Radar Screens; Many of You Are
Already Familiar with This. Is POPT Poised and Positioned to Do that For
You? Then You May Feel the Time Has Come to Act... And Please Watch
this One Trade Wednesday! Go POPT.
Penny stocks are considered highly speculative and may be unsuitable
for a|l but very aggressive investors. This Profile is not in any way
affi|iated with the featured company. We were compensated 3O00 dol|ars
to distribute this report. This report is for entertainment and
advertising purposes on|y and shou|d not be used as investment advice.
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